CardioFocus Receives $5,000,000 New Funding

  • Feed Type
  • Date
    3/21/2011
  • Company Name
    CardioFocus
  • Mailing Address
    500 Nickerson Road Marlborough, MA 01752
  • Company Description
    CardioFocus, Inc. is a privately held medical device company based in Maynard, Massachusetts. The company is developing, manufacturing and marketing proprietary, disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of cardiac arrhythmias such as atrial fibrillation.
  • Website
    http://www.cardiofocus.com
  • Transaction Type
    Debt
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    CardioFocus will use the new financing to initiate its pivotal trial in the United States and to expand the commercialization of its products in Europe.
  • M&A Terms
  • Venture Investor
    Silicon Valley Bank

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